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🔥Stock Prediction: How will Tesla close Thursday 20/4 following their earnings?
@Tiger_Earnings：
Click to vote. Guess how will Tesla close Thursday 20/4 following their earnings?? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. $Tesla Motors(TSLA)$ is set to post a year-over-year drop in profit when the electric vehicles maker reports its financial results for the quarter ended in March after the market close on Wednesday. Lets's guess where TESLA will move following their earnings? 🔙 Latest Results Tesla reported record Q4 2022 revenue, beating on both earnings and revenue. Here are the results. Earnings (adjusted): $1.19 vs $1.13 per share expected, per Refinitiv Revenue: $24.32 billion vs $24.16 billion expected, per Refinitiv 📒TESLA Q1 earnings consensus Tesla's Q1 revenue is expected to be $23.489 billion, with an adjusted net profit of $3.057 billion and an adjusted EPS of $0.864, according to Bloomberg's consensus expectation. Citi analyst Itay Michaeli says Tesla's U.S. price cuts over the 2%-5% didn't come as a major surprise but will place an even greater emphasis on the Q1 auto gross margin outcome as a determinant of near-term sentiment. A stronger than expected gross margin outcome in Q1 would support the contention that Tesla's latest price cuts are coming from a position of cost strength while also possibly reflecting lower input costs, the analyst tells investors in a research note. However, an in-line to softer gross margin outcome could revive concerns over capacity and product aging while placing 2023 consensus estimates at risk, says the firm. At 46-times 2023 consensus earnings estimates, Citi does not this outcome is currently priced into the shares, making for a "less than compelling" risk/reward profile. It keeps a Neutral rating on Tesla. Citi sees a "limited read" to General Motors (GM) and Ford (F) from Tesla's price cuts given conquest, regional and segment considerations. Tesla 's Q1 2023 earnings call will be held on April 20 2023 at approximately at 05:30 SGT. To set a reminder, please click here 💰Event Details Click to vote. Guess where $Tesla Motors(TSLA)$ will move following their earnings? If you get the correct answer, you may divide 1000 Tiger Coins with other Tigers. For example, If 10 Tigers get the right answer, each will receive 100 Tiger Coins. If 100 Tigers get the right answer, each will receive 10 Tiger Coins. Reply and forward this post, share your insights about Tesla's financial reports, and you will have the chance to win $50 stock voucher . Make a post on the TOPIC page >> ⏰Event Time The deadline for this event is 21:00 on 20th April 2023 🔥Don't forget to follow@Tiger_Earnings, Tiger's official account for providing key information during earnings season📖📖📖 📖For a beginner's guide to financial statements, click here
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